Swiggy Secures ₹10,000 Crore Funding to Boost Brand, Speed & Quick-Commerce

• Swiggy raised ₹10,000 crore via a qualified institutions placement on December 12, attracting diverse global and domestic investors.
• Funds will fuel brand marketing, business promotion, technology, cloud infrastructure, and quick-commerce (Instamart) network expansion.
• The company emphasizes brand visibility, speed, consumer trust, and habit formation in India's competitive internet market.
• MD & Group CEO Sriharsha Majety highlighted the capital's role in strengthening core businesses, scaling Instamart, and fostering innovation.
• Major investors include Capital Group, GIC, BlackRock, Temasek, Fidelity, alongside numerous Indian mutual funds and insurance firms.

Why It Matters: Swiggy's ₹10,000 crore fundraise targets brand, speed, and Instamart expansion for market dominance.